Comment on Finnish Tax Administration: Instructions on Bitcoin income taxparentComments−vilqqu12yI'm not an expert, but here's my summary: Profits from bitcoins are taxed as capital gain, except for profits gained from mining or games, which are taxed as earned income.−dagw12yIf you're taxed on your mined bitcoins as earned income, I wonder if you can write off your mining costs as business expenses.
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I'm not an expert, but here's my summary: Profits from bitcoins are taxed as capital gain, except for profits gained from mining or games, which are taxed as earned income.
If you're taxed on your mined bitcoins as earned income, I wonder if you can write off your mining costs as business expenses.